Agency
看空

Litecoin | 2018 Forecast

BITFINEX:LTCUSD   萊特幣 / 美元
Here's another outlook for 2018. I use a simple trend strategy composed of fibo channels, multi-time period charts, and an RSI/MFL combo. I use this kind of comparative analysis on the weekly to gauge entry and exit levels, and to anticipate market performance over longer periods.

In the right chart we can see a megaphone pattern developing (very common pattern in crypto), so odds are $LTC will under-perform BTC             in 2018 if this plays out. Why hodl this asset then? If we try to map out the rest of the megaphone pattern in the BTC             chart, it could be a really good performer in 2019 when we get the rebound. But until then, we should find something else to try and hodl in 2018, and watch carefully for a LTC bottom against BTC             . Dollar value may still perform well, but the USD chart also support an "under-performance" scenario as illustrated by 2016.

There will still be intraday opportunities to trade $LTC, but in terms of portfolio building let's see how things play out first.

PLEASE NOTE: Currently I hold no Litecoin, and this is not a recommendation to short or invest at the particular levels I have highlighted. This is simply my plan, which will become active or invalidated depending on market conditions at various points in time.

Cheers!
-Erik
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人檔案設定 帳戶和帳單 我的支援工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出